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20121108
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known as the fiscal cliff. president obama and house speaker john boehner seem to be sticking to their guns, those old noncompromising my way or the highway type guns. >> i'm not going to ask students and seniors and middle class families to pay down the entire deficit while people like me making over $250,000 aren't asked to pay a dime more in taxes. i'm not going to do that. >> the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. >> the president says he will reject any deal that does not include asking the wealthy to pay more. that fiscal cliff is a combination of some automatic spending cuts and tax increases and economists say the country will be plunged into another recession if lawmakers don't do something by january 1st. mr. balm and speaker boehner are scheduled to meet at the white house next week. >>> because of that impending financial doom and gloom virginia's governor bob mcdonnell ordered state agencies to look into cutting their budgets by 4% and as reporter peggy fox explains, the same thing t
speaker john boehner to compromise with president obama and avoid direct budget cuts. >> jobs, no cuts. >> reporter: more than 100 protesters. >> 47%. this is the vietnam veteran. >> reporter: organized by the group rdc. crowded the hallways outside the house speaker's office. >> i have three children. >> reporter: april thomas was homeless up until two years ago when federal help finally put her young family in an apartment in southeast. >> now i'm told that it will be a possibility that i might end up back where i came from. >> reporter: the speaker staff locked the doors. but a spokesperson says that they proposed a responsible and balanced framework to avert the fiscal cliff. bruce leshan, 9news now. >>> it was the worst oil spill in our nation's history and today bp says they will pay $4.5 billion for that deadly oil rig explosion in the subsequent massive oil leak. that money will also include more than $1 billion in criminal penalties. bp plead guilty to 12 felony charges relating to the death of those 11 workers and lying to congress about the amount of oil that was pouring int
Search Results 0 to 1 of about 2